$295,000
$35K PRICE DROP

503 Washington Ave Lorain, OH 44052

Estimated payment $1,724/month

Total Views 35,129
3 Beds
4 Baths
2,488 Sq Ft
$119 Price per Sq Ft

Highlights

  • Hot Property
  • Colonial Architecture
  • High Ceiling
  • Open Floorplan
  • Private Lot
  • No HOA

About This Home

Welcome to this charming property, with a fascinating history dating back to the 1800s, known as the old Porter House. It has been beautifully restored. With its unique zoning for both business and residential use, this is a fantastic opportunity to be part of the revitalization happening in Lorain. Whether you envision a cozy steakhouse, a stylish attorney's office, a retail shop, or a family home, the possibilities are endless.
For a residence, you can have a first-floor master with a walk-in closet and a half bath. Or use this space as an office/retail space with its own entrance.
The living room features stunning 19-foot ceilings, accented with wood details that flow seamlessly through the living room, dining area, and kitchen—truly the heart of this home. The exposed brick chimney adds a delightful touch of character.
The kitchen is a chef’s dream, featuring a spectacular gas-fired Garland commercial range with two ovens, six burners, a 24-inch grill, and a broiler, all topped off with a commercial ventilation hood. Plus, there's a custom stainless steel rack for all your pots and pans! Head upstairs to find the spacious loft which overlooks the living room. There are also two full baths, and the two bedrooms boast two large closets. You'll enjoy relaxing in the enclosed patio off the kitchen, and there’s plenty of yard space, along with a detached two-car garage.

Listing Agent

Brian Victor

Howard Hanna Brokerage Email: brianvictorrealtor@gmail.com, 440-728-7535 License #2015004042 Listed on: 09/11/2025

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Split Rail Fence
  • Vinyl Fence
  • Private Lot
  • Corner Lot
  • Level Lot
  • Few Trees
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Black River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-01-005-109-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: brianvictorrealtor@gmail.com, 440-728-7535
  • ResoLotFeatures: Back Yard, Corner Lot, Flat, Front Yard, Level, Private, Few Trees
  • Subdivision Name: Black River
  • Above Grade Finished Sq Ft: 2488.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Laminate Counters, Primary Downstairs, Open Floorplan, Recessed Lighting, Track Lighting, Walk-In Closet(s)
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Unknown
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • Roof: Asphalt, Fiberglass
  • Fencing: Split Rail, Vinyl
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Detached, Garage, Off Street, On Street

Utilities

  • LaundryFeatures: Main Level
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-005-109-001
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1918.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,918 $45,399 $5,268 $40,131
2023 $1,529 $28,938 $4,550 $24,388
2022 $1,516 $28,938 $4,550 $24,388
2021 $1,516 $28,938 $4,550 $24,388
2020 $1,543 $25,580 $4,020 $21,560
2019 $1,534 $25,580 $4,020 $21,560
2018 $1,535 $25,580 $4,020 $21,560
2017 $1,593 $25,040 $4,530 $20,510
2016 $1,002 $25,040 $4,530 $20,510
2015 $945 $25,040 $4,530 $20,510
2014 $835 $23,180 $4,190 $18,990
2013 $829 $23,180 $4,190 $18,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $295,000 -10.6% $119 / Sq Ft
09/11/2025 09/11/25 For Sale $329,900 -- $133 / Sq Ft
Source: MLS Now (Howard Hanna)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

About the Listing Agent

Brian Victor

Howard Hanna

(440) 791-2133

Section Image

Brian believes it's best to keep a personal touch with the buyers and sellers. He is a professional, personable, and experienced full-time REALTOR® who is well qualified to serve all of your real estate needs. He specializes in Residential and Commercial properties throughout Northeast Ohio. Brian has consistently been a Multi-Million-Dollar producer, attaining numerous awards and recognition from our colleagues. His experience, attention to detail, and follow-through have helped him establish

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Source: MLS Now (Howard Hanna)

MLS Number: 5155670

MLS Now (Howard Hanna)

APN: 02-01-005-109-001